News

The Australian Federal Government has chosen ASC Shipbuilding as the preferred shipbuilder for the Australian Navy's air warfare destroyers (AWDs) worth up to A$6 billion ($4.5 billion). The government made the decision…

Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), the offshore and marine arm of Keppel Corporation Limited, has entered into an agreement…

Aker Yards and Color Line have signed a contract to build a sister vessel to ?Color Fantasy?, the worlds largest cruise ship with car deck, that was delivered in December 2004. The…

Samsung Heavy Industries is examining a proposal to set up an LNG ship repair yard in conjunction with Malaysia International Shipping Corporation Berhad (MISC), a subsidiary of Petronas. The South Korean shipbuilder…

ABG Shipyard in India (ABG) has concluded a $32 million equity funding. The private sector shipyard would use the funding to expand its shipbuilding facilities to meet the anticipated demand for new…

Keppel FELS Ltd, the wholly owned subsidiary of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M) has secured a contract to build two semi-submersible drilling platforms at S$780 million…

MOL in Japan, together with Tokyo Gas Co, has ordered a 145,000 m3 Moss type LNG carrier from Kawasaki Shipbuilding for delivery in March 2008. Including those under construction, MOL operates a…

Shipbuilding enterprises in east China's Shandong province are presently holding orders for 120 new ships with a contract value totalling $566 million. About $430 million of the shipbuilding orders are for export…

Bharati Shipyard in Mumbai, India, has bagged contracts from Sea Cargo Skips AS and Nor Lines AS, both from Norway, to supply two multi-purpose container vessels each, with an option for eight…

Basic principles and goals for goal-based standards (GBS) for new ship construction were agreed in principle by IMO's Maritime Safety Committee (MSC) when it met at the Organization's London Headquarters for its…

With the push of a button a $40 million vessel building programme was launched at the Dubai Drydocks recently. As the plate-cutting machine started up, the first steel plate was cut for…

Aker ASA and Kvaerner ASA have started to collaborate on setting up Aker American Shipping ASA, a company that will own Kvaerner's shipyard in Philadelphia and 10 - yet to be built…

Dongkuk Steel Mill Company will sign a memorandum of understanding with Brazilian partners including iron ore mining giant Companhia Vale do Rio Doce (CVRD), to participate in a $750 million steel plant…

Arab Shipbuilding and Repair Yard (Asry) is to embark on a $15 million expansion, adding three more dry berths to its facilities in Hidd., Bahrain. The new berths, each 140 metres long,…

Daewoo Shipbuilding has clinched four 4,000TEU class container ships from Hamburg Sud at a total contract price of $384 million. In April this year, the German shipowner placed an order for six…

Tasmanian fast ferry specialist Incat has laid the keel of the first 112 metre Wave Piercing Catamaran at its new undercover construction facilities. Prefabrication work on the 112 metre catamaran has been…

Wärtsilä delivered the first two Wärtsilä Auxpac generating sets in April 2005. Introduced in September 2004, Wärtsilä Auxpac is a standard, pre-commissioned generating set designed to provide auxiliary electricity onboard marine vessels.…

The third frigate of Shivalik Class incorporating stealth features, built by Mazagon Dock Limited (MDL) will be launched here on May 27. The two previous frigates of Shivalik Class, also built by…

Daewoo Shipbuilding will build a hull block factory in Yantai, China, which will be operational from 2007. It will have a capacity to produce 50,000 tonnes in 2007 and 300,000 tonnes from…

Aker Yards has been awarded contracts to build four container vessels for König & Cie. GmbH und Co. KG in Hamburg. The vessels are of the newly developed type Aker CS 1700…

Lloyd?s Register (LR) has published a set of comprehensive guidelines to help owners, operators and builders of membrane-type LNG tankers to assess the ability of a containment system to withstand sloshing loads.…

Bulgarian shipping company Navigation Maritime Bulgare (NMB) and the new shipbuilding consortium Bulyard signed a contract to build three ships at a total cost of EUR 58 million. The three newbuildings are…

A Chinese Joint Venture company consisting of Shanghaiguan Shipyard in Hebei, Hebei Cosco, Hebei Construction and an unknown steel holding company, has set up Shanhaiguan Shipbuilding Heavy Industries with a capital investment…